| Metric | Q3 2021 | Q2 2021 | Q3 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $654M | $581M | $147M | 12.5% | 343.2% |
| Op. Income | -$38M | -$33M | -$51M | -14.4% | 26.0% |
| Gross Margin | -0.9% | -0.7% | -24.6% | -0.2pp | 23.7pp |
| Net Margin | -5.9% | -8.7% | -23.4% | 2.7pp | 17.4pp |
| EPS (Diluted) | $-0.22 | $-0.29 | $-0.41 | 24.1% | 46.3% |
| Free Cash Flow | -$11M | -$34M | -$39M | 69.3% | 72.9% |
| Item | Amount |
|---|---|
| REVENUE | $654M |
| Cost of Revenue | $660M |
| GROSS PROFIT | -$6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $692M |
| OPERATING INCOME | -$38M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$537.0K |
| INCOME BEFORE TAX | -$39M |
| Income Tax Expense | $753.0K |
| Net Income from Continuing Ops | -$39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$39M |
| D&A | $66M |
| EBIT | -$35M |
| EBITDA | $31M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$39M |
| Depreciation & Amortization | $67M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$703.0K |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $168.0K |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $434M |
| Inventory | $117M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $672M |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $229M |
| Short-Term Debt | $49M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $182M |
| TOTAL CURRENT LIABILITIES | $509M |
| Long-Term Debt | $121M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $765.0K |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $265M |
| TOTAL LIABILITIES | $774M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$100M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $191.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $12M |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $265M |
| Net Debt | $231M |
